As we all know there has recently been pressure on China to appreciate their currency because of the trade imbalances seen in Europe and America. As well, other East Asian countries are running into problems with their markets because China’s currency is doing so much better then theirs. Here is a quick run down of the problems, which can help you to analyze the situation.
The biggest problem is that China’s currency is undervalued by as much as what some people think is up to 35%…
Continue Reading Add comment Friday, Nov. 30, 2007
by Alex
